303 E Columbia River Hwy
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303 E Columbia River Hwy
2,800 SF Retail Building Troutdale, OR 97060 $849,000 ($303/SF)
Investment Highlights
- Premium Retail or Office Location in Historic Downtown District
- Easy Access from Interstate and Local Thoroughfares
- Ample Parking on the Street and Free Public Lot
Executive Summary
Nestled in the heart of Troutdale's bustling historical downtown district, the retail property at 303 E Historic Columbia Highway offers a prime location for businesses looking to tap into the area's vibrant atmosphere. This charming property is surrounded by a diverse array of dining options, cozy coffee shops, and a variety of retail and office spaces, creating a dynamic environment perfect for foot traffic and customer engagement. Accessibility is a breeze, with the property being conveniently reachable from I-84 and other local thoroughfares, ensuring a steady flow of potential customers. Additionally, two covered, reserved parking spots and the availability of public parking adds to the convenience, making it an attractive spot for both shoppers and employees. New exterior Hardie siding, paint, and custom molding as well as new carpet and finishes in primary retail suite. This property is not just a space; it's an opportunity to be part of Troutdale's rich history and thriving community.
Financial Summary (Pro forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$58,677
|
$20.96
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$58,677
|
$20.96
|
| Taxes |
-
|
-
|
| Operating Expenses |
$5,868
|
$2.10
|
| Total Expenses |
$5,868
|
$2.10
|
| Net Operating Income |
$52,809
|
$18.86
|
Financial Summary (Pro forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $58,677 |
| Annual Per SF | $20.96 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $58,677 |
| Annual Per SF | $20.96 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $5,868 |
| Annual Per SF | $2.10 |
| Total Expenses | |
|---|---|
| Annual | $5,868 |
| Annual Per SF | $2.10 |
| Net Operating Income | |
|---|---|
| Annual | $52,809 |
| Annual Per SF | $18.86 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
B
Year Built
1998
Price
$849,000
Price Per SF
$303
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.07
Land Acres
0.06 AC
Zoning
CBD - CBD | MU-1 | Downtown Mixed Use: Town Center district oriented towards smaller-scale commercial development along a walkable "main street" setting.
Parking
2 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
48 FT on Historic Columbia River H
Amenities
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R290730 | Total Assessment | $90,600 (2023) |
| Land Assessment | $0 (2023) | Annual Taxes | $0 ($0.00/SF) |
| Improvements Assessment | $0 (2023) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
R290730
Land Assessment
$0 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$90,600 (2023)
Annual Taxes
$0 ($0.00/SF)
Tax Year
2025
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303 E Columbia River Hwy
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